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AstraZeneca CEO wants to move listing to the US

AstraZeneca CEO wants to move listing to the US

Timesa day ago
The long-serving chief executive of AstraZeneca, Britain's most valuable public company, would like to move the stock market listing to the United States, according to multiple sources.
Sir Pascal Soriot has spoken privately of his preference to move the FTSE 100 company's listing on a number of occasions and has even discussed moving AstraZeneca's domicile, according to a source familiar with his thinking.
They added that Soriot, 66, was likely to face resistance from parts of the board should he push for such a move, as well as the British government. The government is not believed to have been informed.
Soriot, who has led AstraZeneca since 2012, has spoken publicly of his concerns at how Europe has fallen behind the US and China, the company's two largest markets, in innovating new medicines.
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